SEC Form 4/A · accession 0001621777-16-000015
BGSF, INC. · BGSF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
L. Allen Baker Jr.
Officer — President and CEO · Director
Period of report
Jun 30, 2016
Accepted (ET)
Jul 5, 2016 · 8:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001474903
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 per share par value | Jun 30, 2016 | M | 32,144 | $6.25 | A | 214,613 | I | Allen and Debra Baker Revocable Trust |
| Common Stock, $0.01 per share par value | Jun 30, 2016 | M | 15,856 | $6.25 | A | 15,906 | D | |
| Common Stock, $0.01 per share par valueF1 | Jun 30, 2016 | F | 15,856 | $18.92 | D | 50 | D | |
| Common Stock, $0.01 per share par value | Jun 30, 2016 | M | 0 | $6.25 | A | 50 | D | |
| Common Stock, $0.01 per share par value | Jun 30, 2016 | M | 16,000 | $6.25 | A | 16,050 | D | |
| Common Stock, $0.01 per share par value | Jun 30, 2016 | M | 16,000 | $6.25 | A | 32,050 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $6.25 | Jun 30, 2016 | M | 16,000 | D | Feb 6, 2014 | Feb 6, 2024 | Common Stock, $0.01 per share par value | 16,000 | 184,271 | D |
| Stock OptionsF2 | $6.25 | Jun 30, 2016 | M | 16,000 | D | Feb 6, 2015 | Feb 6, 2024 | Common Stock, $0.01 per share par value | 16,000 | 14,000 | D |
| Stock OptionsF2 | $6.25 | Jun 30, 2016 | M | 16,000 | D | Feb 6, 2016 | Feb 6, 2024 | Common Stock, $0.01 per share par value | 16,000 | 14,000 | D |
Explanation of responses
- F1Reflects 15,856 shares withheld by the Issuer at the market price of $18.92 per share less an exercise price of $6.25 per share to fund the cashless exercise of 48,000 options.
- F2Stock options to purchase shares pursuant to the BG Staffing, Inc. 2013 Long-Term Incentive Plan.